Avenue Bellevue closes $ 700 million home loan

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“We’re creating something that sets a new standard for hospitality and home design in the region. As a Bellevue resident for more than 20 years, I am deeply committed to the future success of the community – and Avenue Bellevue is the most important project.” of my life “said Andy Lakha, CEO and Director of Avenue Bellevue, LLC and Fortress Development. “I am proud that Silverstein is supporting this dream project in my own backyard.

“SCP enjoys being involved in large, mixed-use construction projects that coincide with many Silverstein Property developments,” said Shawn Katz, Senior Managing Director of SCP. “We believe that Avenue Bellevue will be the leading residential, hotel and retail project in an incredibly attractive market.”

At the corner of NE 8. locatedNS Street and Bellevue way, Avenue Bellevue will offer more than 300 luxury properties in two towers, including 141 Estate Homes in the South Tower and 224 Residences in the West Tower. The property’s South Tower will also feature the very first luxury InterContinental® hotel in the Pacific Northwest (www.intercontinental.com) with 208 hotel rooms, function rooms, restaurants and bars, gym and spa, and a dedicated concierge team.

The square connecting the two towers on Avenue Bellevue will feature high-end retail, dining and nightlife, a fresh market and fine dining. The restaurants announced so far include a new, marine life-focused restaurant by three Michelin-starred chef Joshua Skenes and BUDDHAzen, a new modern Asian restaurant by the visionaries behind Buddakan, Tao and China grill.

The demolition of Avenue Bellevue began in the fall of 2019 and is currently under construction. The development team is led by Fortress Development, with Silverstein Properties acting as development consultant and JTM Construction as general contractor. The Avenue design team includes Seattle-based Weber Thompson and Collins Woerman and Hirsch Bedner Associates (HBA), the largest hospitality design company in the world.

Delivery is planned for early 2023, Avenue Bellevue is around 40% pre-sold. Interested parties please contact [email protected] to schedule a viewing or visit www.liveatavenue.com for more information.

Via Avenue Bellevue
Avenue Bellevue is a two-tower, mixed-use residential building currently under construction in Bellevue. Washington. Avenue will include 365 luxury homes, the very first InterContinental hotel in the Pacific Northwest, and 85,000 square feet of retail space, including fine dining, nightlife and shopping. Avenue was designed in collaboration with Seattle-based, award-winning architectural firms Weber Thompson (www.weberthompson.com) and CollinsWoerman (www.collinswoerman.com) and Hirsch Bedner Associates (HBA) (www.hba.com). , the world’s largest hospitality design firm. For more information on Avenue Bellevue, please send an email [email protected] or visit www.liveatavenue.com.

About fortress development
Fortress Development is a commercial real estate developer and private investment company based in Bellevue, Washington. Founded by Andy Lakha, a Bellevue resident who has been in the commercial real estate business for more than two decades, the diverse team at Fortress brings over a century of experience and dedication to quality and creating the homes and communities that matter . More information is available at www.fortressdevelopment.com.

About Silverstein Properties
Silverstein Properties is a privately held, full service real estate development, investment and management company based in new York. Founded in 1957 by the chairman Larry Silverstein, the company has developed, owned, and managed more than 40 million square feet of commercial, residential, retail, and hotel space. The latest projects include the 7 World Trade Center, the first LEED-certified office tower in New York City (2006), 4 World Trade Center (2013), Four Seasons Walt Disney Resort (2014), Four Seasons Downtown and 30 Park Place (2016), A west end (2017) and 3 World Trade Centers (2018). More information about Silverstein Properties can be found at www.silversteinproperties.com or www.wtc.com.

MEDIA CONTACT:
Edelman for Avenue Bellevue
[email protected]

SOURCE Avenue Bellevue, LLC

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